Los Angeles, CA- September 9, 2009
- MATECH Corp.
(OTC Bulletin Board: MTCH
- News)
- (MATECH) is pleased to announce that
the Company has appointed Tony Cataldo as Co- Executive
Chairman of MATECH.
Tony Cataldo served as Chief Executive
Officer and Chairman of VoIP, Inc. from September 2006 through
April 2008. During the past five years, Mr. Cataldo has
served as non-executive chairman of the board of directors
of BrandPartners Group, Inc., a provider of integrated products
and services dedicated to providing financial services and
traditional retail clients with turn-key environmental solutions
from October 2003 through August 2006.
Mr. Cataldo also
served as non-executive co-chairman of the board of MultiCell
Technologies, Inc., a supplier of functional, non-tumorigenic
immortalized human hepatocytes from February 2005 through
July 2006. Mr. Cataldo has also served as executive chairman
of Calypte Biomedical Corporation, a publicly traded biotechnology
company, involved in the development and sale of urine based
HIV-1 screening tests from May 2002 through November 2004.
Prior to that, Mr. Cataldo served as the Chief Executive
Officer and Chairman of the Board of Directors of Miracle
Entertainment, Inc., a Canadian film production company,
from May 1999 through May 2002, where he was the executive
producer or producer of several motion pictures. From August
1995 to December 1998, Mr. Cataldo served as President and
Chairman of the Board of Senetek, PLC, a publicly traded
biotechnology company involved in age-related therapies.
"Mr.
Cataldo brings an extensive knowledge of the public markets
and corporate management, and will be instrumental in helping
position MATECH into a leading global company," said
Robert Bernstein, CEO of MATECH. "We are very pleased
to have Mr. Cataldo on board and look forward to working
with him on MATECH's exciting new developments."
About Matech (MTCH.OB)
MATECH Corp., formerly Material Technologies, Inc., was founded
in 1983 and is based in Los Angeles. It is an engineering,
research and development company that specializes in technologies
to measure microscopic fractures in metal structures and to
monitor metal fatigue. The Company has already completed significant
work for the federal government -- generating $8.3 million
to develop technology to detect metal fatigue in aircraft.
It has also received $5 million in private investments. Building
on that base, it is now marketing its technologies to companies
and government agencies involved in the inspection of metal
highway and railroad bridges..
Forward-Looking Statements:
Except for the historical information contained herein, the matters
discussed in this press release are forward-looking statements.
Such statements are indicated by words or phrases such as "believe," "will," "breakthrough," "significant," "indicated," "feel," "revolutionary," "should," "ideal," "extremely" and "excited." These
statements are made under "Safe Harbor" provisions
of the Private Securities Litigation Reform Act of 1995. Actual
results may differ materially from those described in forward-looking
statements and are subject to risks and uncertainties. See the
Company's filings with the Securities and Exchange Commission
including, without limitation, the Company's recent Form 10-K
and Form 10-Qs, which identify specific factors that may cause
actual results or events to differ materially from those described
in the forward-looking statements.
Contact:
MATECH Corp.
Robert M. Bernstein
T: 310-208-5589
matech@matechcorp.com
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